Finding grants is so important because they are financial aid that does not have to be paid back. A major step for a student to leave college with as little debt as possible is to make sure they receive all of the grant money they are eligible for. Too often students miss out on some grant money and end up taking a bigger loan because of it. Grants come from both the state and federal government and are based on financial need.
State of Indiana Grants
For more information about the State of Indiana’s Grant Programs click here »
Below is a list of the current grant programs for Indiana students attending an Indiana College or University:
- Frank O’Bannon Grant
- Twenty-first Century Scholars Program
- Summer State Work Study Program Indiana National Guard Supplemental Grant
- Part-Time Grant Program
- Child of Certain Veterans and Public Safety Officers Supplemental Grant Program
Important Note: In order to be eligible for State of Indiana Grants, the federal processor must receive the completed FAFSA by March 10th.
General Eligibility Requirements (GERS) for full-time grants include:
- The applicant must show financial need according to program rules.
- The applicant’s FAFSA must be received by the federal processor by March 10th of each year.
- If the applicant is a dependent student, the applicant and his/her parents must be legal residents of Indiana and remain legal residents during the academic year.
- The applicant must be an undergraduate student working on an associate or first bachelor degree.
- The applicant must maintain satisfactory academic progress.
- The applicant may not be in default on a loan or owe an overpayment on a SSACI grant.
- The applicant must meet the enrollment requirements of the applicable school.
- Amounts of SSACI grants may vary based on the level of state funding.
The Federal Government is the largest source of college funding. Below are some of the grant programs offered by the Federal Government. Not all of the eligibility requirements are listed. For more information on the Federal Grant Programs click here ».
Federal Pell Grant
The Pell Grant program is the largest of the federal grant programs and often is used as a foundation for other federal grants. Sometimes non-federal sources are based off receiving a Pell Grant. This grant is solely based on financial need, the amount can change yearly and is portable if you transfer schools.
Teacher Education Assistance for College and higher Education (TEACH) Grant
This grant is for undergraduate, post baccalaureate, or graduate students who are or will be taking coursework necessary to become elementary or secondary teachers. You must be enrolled at a school that participates in the TEACH Grant Program, agree to meet specific requirements, and sign the TEACH Grant Agreement to Serve.